Volkswagen

Volkswagen Articles

A contract worth about $80 million added about $140 million to the market cap of fuel cell technology company Ballard Power Systems on Wednesday.
After a year of strong recovery of car sales in Europe, executives and the auto manufacturer's association have turned anxious.
While light vehicle sales in the United States during January rose 13.7%, Volkswagen's sales results continued to falter.
Automakers will be announcing January U.S. new car and light truck sales on Tuesday morning and industry watchers are predicting sales at their highest levels since January 2006.
On Friday, Volkswagen's Porsche division said it would recall 13,500 vehicles globally, including more than 9,100 Cayenne and Panamera vehicles in China.
BMW and Volkswagen said they would help build more electric vehicle charging stations to support the new wave of demand for these types of cars.
Sales of new cars and light commercial vehicles in Russia declined by nearly 300,000 units in 2014, compared with the prior year.
The news about auto sales in Europe was good for December, but the General Motors division there continued to lose ground as the attempt at a turnaround has failed.
When Volkswagen released its sales delivery figures for 2014, and it was all China. More than a third of its cars and light trucks sold were in the world's largest market.
The remarkable increase in new car sales will continue next year, according to research firm Kelly Blue Book, and profits of the major car companies will remain strong.
Volkswagen was the eighth-largest auto seller in the United States in 2014, but by some measures Subaru already outsells VW.
The average transaction price for a new car or pickup purchased in the United States in December was 1.6% higher than in November, as well as 2.5% higher than December of 2013.
After months when its sales were not only modest but falling, Volkswagen's unit sales are expected to grow 14% in December.
The holiday season is expected to drive full-year new car sales in the United States to as much as 17 million.
GM's efforts to turn around its European operations have suffered another blow as sales of Opel plunged in November.